Clermont Capital Announces Filing of Amended and Restated Information Circular
CLERMONT CAPITAL INC.
736 Granville Street, Suite 100 Vancouver, BC V7Z 1G3 Telephone: 604-684-6730 Fax: 604-684-6740
Not for Distribution to United States Newswire Services or for Dissemination in the United States. NEWS RELEASE
CLERMONT CAPITAL ANNOUNCES FILING OF AMENDED AND RESTATED INFORMATION CIRCULAR
March 11, 2013 – Vancouver, BC – Clermont Capital Inc. (TSX-V: XYZ.P, “Clermont”) is pleased to announce that further to its news release dated February 21, 2013 regarding its acquisition (the "Acquisition") of NexGen Energy Ltd. ("NexGen"), an amended and restated information circular for the special meeting of Clermont shareholders to be held on March 14, 2013 (the "Special Meeting") has been filed on SEDAR, in response to comments received from the TSX Venture Exchange (the "Exchange").
Clermont has previously filed the Technical Report on the Radio Property, S-113997, Saskatchewan, Canada, by J.A. McNutt, P.Geo. The Radio Property is Clermont's qualifying property for purposes of the Acquisition.
Completion of the Acquisition is still subject to a number of conditions, including completion of the share consolidation, Exchange final acceptance and approval of NexGen shareholders. The Acquisition cannot be completed until the required regulatory and shareholder approvals are obtained. There can be no assurance that the Acquisition will be completed as proposed or at all.
Investors are cautioned that, except as disclosed in the amended and restated information circular of Clermont prepared in connection with the Special Meeting, any information released or received with respect to the Acquisition may not be accurate or complete and should not be relied upon. Trading in the securities of Clermont should be considered highly speculative.
The Exchange has in no way passed upon the merits of the proposed transaction and has neither approved nor disapproved the contents of this news release.
The trading of the Clermont common shares will remain halted pending further filings with the Exchange.
About NexGen
NexGen is a private British Columbia corporation established by Tigers Realm Minerals Pty Ltd., an Australian- based, privately-owned resources company, as a special purpose Canadian uranium exploration company. NexGen has an option to earn an initial 70% interest in the Radio Project in the Athabasca Basin, Saskatchewan, Canada, and the option to subsequently acquire the remaining 30%, in exchange for a combination of cash and common shares of NexGen. On December 18, 2012 NexGen also acquired the uranium exploration projects of Mega Uranium Ltd. in the Athabasca Basin, Saskatchewan and Thelon Basin, Nunavut, Canada. NexGen's senior management includes Leigh Curyer, CEO, and Andrew Browne, Vice President – Exploration and Development.
FOR FURTHER INFORMATION PLEASE CONTACT:
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Arlen Hansen, President, and CEO of Clermont Capital Inc.
Telephone: (604) 684-6730
The Exchange has in no way passed upon the merits of the proposed transaction and has neither approved nor disapproved the contents of this press release. Neither the Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking Information
This news release includes forward looking statements that are subject to assumptions, risks and uncertainties. All statements in this news release which are not historical are forward-looking statements. Examples of such statements in this news release include, but are not limited to, statements with respect to the Acquisition, and the receipt of regulatory and shareholder approvals. Although Clermont believes that any forward-looking statements in this news release are reasonable, there can be no assurance that any such forward-looking statements will prove to be accurate. Clermont cautions readers that all forward-looking statements are based on assumptions, none of which can be assured, and are subject to certain risks and uncertainties that could cause actual events or results to differ materially from those indicated in the forward-looking statements. Readers are advised to rely on their own evaluation of such risks and uncertainties and should not place undue reliance on forward-looking statements.
The forward‐looking statements and information contained in this news release are made as of the date hereof and no undertaking is given to update or revise any forward‐looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws or the Exchange. The forward-looking statements or information contained in this news release are expressly qualified by this cautionary statement.
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